80.Steves Supplies sells shelving $11,000 cash. The machine originally cost $30,000 and its carrying amount is $14,000. GST is payable on the sale. What are the correct journal entries?

Group of answer choices

1.Debit cash $11,000; Debit Accumulated depreciation of shelving $16,000; Debit Loss on sale $4,000 Credit shelving $30,000; Credit GST $1,000

2.Debit cash $11,000; Debit Accumulated depreciation of shelving $14,000; Debit Loss on sale $4,000; Credit shelving $300,000; Credit GST $1,000

3.Debit cash $11,000; Debit Accumulated depreciation of shelving $16,000; Debit GST $1,000; Credit shelving $30,000; Credit Gain on sale $4,000

4.Debit cash $11,000; Debit shelving $30,000; Credit Accumulated depreciation of shelving $14,000; Credit GST $1,000; Credit Gain on sale $4,000